The Bank of Ghana is winning the inflation war, but who will pay the hospital bill?

When the history of Ghana's remarkable economic turnaround is written, the period between 2024 and 2026 will stand out. Inflation has collapsed from a punishing 23.8 percent in December 2024 to just 3.2 percent in March 2026. The economy grew by a robust 6.0 percent in 2025. The Monetary Policy Rate has been slashed from a crushing 30 percent to 14 percent. By any measure of price stability and growth, the news is good.

By Albert Kuzor